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What Is a Cyclically Balanced-Budget Fiscal Policy

Question 72

Multiple Choice

What is a cyclically balanced-budget fiscal policy?


A) A policy of balancing the budget each fiscal year.
B) A policy of using the budget to balance the economy each fiscal year.
C) A policy of balancing the budget over the life of the business cycle.
D) A policy of using the budget to balance the economy over the life of the business cycle.

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